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Form 4 UNISYS CORP For: Feb 09 Filed by: Loeser David

February 12, 2018 9:18 PM
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
1. Name and Address of Reporting Person *
Loeser David

(Last) (First) (Middle)
801 LAKEVIEW DRIVE
SUITE 100

(Street)
BLUE BELL PA 19422

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
UNISYS CORP [ uis ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
Senior Vice President
3. Date of Earliest Transaction (Month/Day/Year)
02/09/2018
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 02/09/2018 M 4,770 A $ 0 26,029 D
Common Stock 02/09/2018 F 1,161 D $ 9.90 24,868 D
Common Stock 02/09/2018 M 3,546 A $ 0 28,414 D
Common Stock 02/09/2018 F 863 D $ 9.90 27,551 D
Common Stock 02/09/2018 M 4,141 A $ 0 31,692 D
Common Stock 02/09/2018 F 1,008 D $ 9.90 30,684 D
Common Stock 02/09/2018 M 4,642 A $ 0 35,326 D
Common Stock 02/09/2018 F 1,122 D $ 9.90 34,204 D
Common Stock 02/09/2018 M 2,466 A $ 0 36,670 D
Common Stock 02/09/2018 F 578 D $ 9.90 36,092 D
Common Stock 914.773 I By USP Trust
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Restricted Stock Units (1) 02/09/2018 M 4,770 (2) (2) Common Stock 4,770 $ 0 4,769 D
Restricted Stock Units (1) 02/09/2018 M 3,546 (3) (3) Common Stock 3,546 $ 0 7,093 D
Restricted Stock Units (4) 02/09/2018 M 4,770 (5) (5) Common Stock 4,141 $ 0 0 D
Restricted Stock Units (6) 02/09/2018 M 3,546 (7) (7) Common Stock 4,642 $ 0 0 D
Restricted Stock Units (8) 02/09/2018 M 2,703 (9) (9) Common Stock 2,466 $ 0 0 D
Explanation of Responses:
1. Each restricted stock unit represents a contingent right to receive one share of Unisys Corporation common stock.
2. Time-based restricted stock units granted under the Unisys Corporation 2010 Long-Term Incentive and Equity Compensation Plan. The restricted stock units vest in three equal annual installments beginning February 11, 2017.
3. Time-based restricted stock units granted under the Unisys Corporation 2016 Long-Term Incentive and Equity Compensation Plan. The restricted stock units vest in three equal annual installments beginning February 9, 2018.
4. Each restricted stock unit represents a contingent right to receive 0.868 shares of Unisys Corporation common stock.
5. Performance-based restricted stock units ("PB-RSUs") granted on February 11, 2016 under the 2010 Long-Term Incentive and Equity Compensation Plan. The PB-RSUs are earned one-third annually over a three-year period to the extent that Unisys Corporation achieves a performance goal relating to operating profit for that year in each of 2016, 2017 and 2018, respectively, and then such earned PB-RSUs vest on February 11, 2017, 2018 and 2019, respectively (or if such day does not fall on a trading day, the immediately preceding trading day). This report only relates to the PB-RSUs the reporting person earned based on the 2017 performance goal. All shares resulting from such earned PB-RSUs vested on February 9, 2018.
6. Each restricted stock unit represents a contingent right to receive 1.309 shares of Unisys Corporation common stock.
7. Performance-based restricted stock units ("PB-RSUs") granted on February 9, 2017 under the 2016 Long-Term Incentive and Equity Compensation Plan. The PB-RSUs are earned one-third annually over a three-year period to the extent that Unisys Corporation achieves a performance goal relating to operating profit for that year in each of 2017, 2018 and 2019, respectively, and then such earned PB-RSUs vest on February 9, 2018, 2019 and 2020, respectively. This report only relates to the PB-RSUs the reporting person earned based on the 2017 performance goal. All shares resulting from such earned PB-RSUs vested on February 9, 2018.
8. Each restricted stock unit represents a contingent right to receive 0.912 shares of Unisys Corporation common stock.
9. Performance-based restricted stock units ("PB-RSUs") granted on February 5, 2015 under the 2010 Long-Term Incentive and Equity Compensation Plan. The PB-RSUs are earned one-third annually over a three-year period to the extent that Unisys Corporation achieves a performance goal relating to operating profit for that year in each of 2015, 2016 and 2017, respectively, and then such earned PB-RSUs vest on February 5, 2016, 2017 and 2018, respectively (of, if the performance criteria are not determined until a later date, the date of such determination). This report only relates to the PB-RSUs the reporting person earned based on the 2017 performance goal. All shares resulting from such earned PB-RSUs vested on February 9, 2018.
John M. Armbruster, attorney-in-fact 02/12/2018
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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